PLTR May 2024 18.500 call
| Previous close | 6.8600 |
| Open | 3.5700 |
| Bid | 3.0000 |
| Ask | 3.1500 |
| Strike | 18.50 |
| Expiry date | 2024-05-24 |
| Day's range | 3.2000 - 3.5700 |
| Contract range | N/A |
| Volume | |
| Open interest | 12 |
- Yahoo Finance Video
Palantir stock falls on weak full-year outlook
Shares of Palantir Technologies (PLTR) fell sharply during Tuesday's trading session after reporting its first quarter earnings results. Despite surpassing revenue estimates by posting $634.34 million, beating the projected $615.85 million, the company's weaker-than-expected full-year outlook cast a shadow over its performance, weighing heavily on shares. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Reuters
US STOCKS-S&P, Dow end slightly up, extend closing streaks despite Disney drag
The S&P 500 and Dow Jones Industrial Average both clung onto gains to ended slightly higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut interest rates this year. The advances pushed the S&P 500 to a fourth straight higher close, and its best winning run since March.
ReutersPalantir shares post biggest daily slide since 2022 after forecast disappoints
Shares of Palantir Technologies fell 15.1% on Tuesday in their biggest daily percentage drop since May 2022, a day after the data analytics company gave a revenue forecast that disappointed. Still, several brokerages raised their price targets following the report, including D.A. Davidson, which raised its target to $24 from $19. "While guidance for FY2024 was increased, it was lighter than expected," D.A. Davidson analysts wrote in their research note, adding that management had noted "they're seeing unavoidable headwinds in Europe."
